Maruwa Co., Ltd.TSE: 5344

FY2024 Final Financial Results

· Issued by Maruwa Co., Ltd.


Financial Results of FY2024 May 8, 2025 MARUWA CO., LTD.(5344) Disclaimer

This material is not aimed at recommending any investment.

There are forward-looking statements based on current assumptions. Actual results may differ by changes of the environment.

FY2024

Increase/Decrease from last year

FY2023

Net sales

71,849

+16.7%

61,564

Operating profit

26,914

+35.9%

19,801

Ordinary profit

27,003

+28.0%

21,121

Net profit

19,242

+26.5%

15,216

(Unit: Million; Currency: YEN)

In the 4Q, both net sales and operating profit set new quarterly records.

New energy vehicles and next generation high-speed communications drive growth.

Tele-communication
Automobile
SPE
Industrial equipment
Lighting

Operating profit

(Unit: Million; Currency: YEN)



20,000

FY21 FY22 FY23 FY24

40%

15,000 30%

10,000 20%

5,000 10%

0 0%

15.3%

11.6%

36.6%

17.7%

18.8%

  • Sales amount by market ■By market

Tele-communication: Business performance has increased for the next generation high-speed communications.

Automobile: New energy vehicles have remained strong.

SPE: Strong demand for generative AI, but weakness in general-purpose memory due to market conditions.

FY2024 4Q(Jan.~Mar.)

YoY

FY2023 4Q

Telecommunication

74

+21%

61

Automobile

41

+32%

31

SPE

26

△10%

29

Industrial equipment

19

±0%

19

Lighting

28

+12%

25

FY2023 4Q

15.0%

10.1%

39.6%

13.9%

21.9%

FY2024 4Q
Telecommunication

Automobile

SPE

Industrial equipment

Lighting

※ The above figures are preliminary. Amounts are rounded to the nearest 100 million. (Unit: 100 million; Currency: YEN)

FY total

YoY

1H

YoY

2H

YoY

Net sales

76,800

+6.9%

34,900

+0.2%

41,900

+13.2%

Operating profit

28,800

+7.0%

12,800

+0.1%

16,000

+13.3%

Operating profit %

37.5%

-

36.7%

-

38.2%

-

※Exchange assumption: 1 dollar = 144 yen

(Unit: Million; Currency: YEN)

※Regarding "Ordinary income" and "Profit attributable to owners of parent", they are expected to fluctuate mainly due to foreign exchange factors. Therefore, we have omitted to describe forecasts due to the uncertainty of exchange rate trends at this time.